Articles - Perfect Accounting

Demerger and Scheme of Arrangement in India: NCLT ...

A demerger done right is tax-neutral and clean on the register. Done wrong, it stalls at NCLT for a year and triggers a tax demand the deal never pric ...

Reduction of Share Capital: Legal Process, Approva ...

Reducing share capital isn't just a board decision — it's a court-supervised process built around protecting creditors. Here's what the approval chain ...

Winding Up an LLP in India: Process, Timelines and ...

An LLP doesn't disappear just because partners stop operating it. Here's the actual process for closing one down — and why most rejected applications ...

New Income Tax Act 2025: What Changes for Business ...

The Income-tax Act, 1961 has been replaced. Most of the substance carries over, but the renumbering, simplified language, and a few structural changes ...

Transitioning to the Income Tax Act 2025: A Compli ...

Knowing the new Act exists is not the same as being ready for it. Here's the operational checklist companies should work through before the first fili ...

Angel Tax Abolition and Its Aftermath: Why Startup ...

Angel tax is gone, but the reasons startups needed good valuations never went away. If anything, removing the tax trigger means valuation now has to e ...

TCS on Foreign Remittances Under LRS: 2026 Rates, ...

Sending money abroad for education, travel, or investment now almost always means TCS gets deducted first. Here's how the rates actually apply, and ho ...

Vivad se Vishwas and Faceless Assessment: Managing ...

Faceless assessment removed the human face from tax scrutiny — and made written submissions the whole game. Vivad se Vishwas gives disputing taxpayers ...